Rubis acquires Galana Group

Rubis Terminal has acquired Madagascar’s Galana Group, which in 2016 posted a turnover of $215m.

Galana sold 260,000 cbm of fuel in 2016 and has interests in petrol stations with a network of 71 units, commercial fuels including mining and the utilities sector, LPG and lubricants. The company also controls the island’s only import terminal which has a capacity of 260 000 cbm.

The Galana Group meets Rubis’ investment criteria in fuel marketing – that of having a strong market share, 30%, and logistics ownership.

Together with its current business in La Réunion the acquisition reinforces Rubis’ operations in the Indian Ocean in fuel distribution.

For more information visit www.rubis-terminal.com

31st July 2017